EKG
First Trust Nasdaq Lux Digital Health Solutions ETF
EKG tracks a market cap-weighted index of globally-listed companies engaged in digital health technologies.
Fund Basics
| Fund sponsor | First Trust |
| Category | Global Equities |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 22, 2022 |
| Assets (mns) | $2 |
| Expense ratio | 65 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| DEXCOM INC | 9.5 % |
| RESMED INC | 8.5 % |
| INTUITIVE SURGICAL INC | 7.9 % |
| IQVIA HOLDINGS INC | 7.6 % |
| VEEVA SYSTEMS INC-CLASS A | 7.5 % |
| EXACT SCIENCES CORP | 4.8 % |
| NATERA INC | 4.4 % |
| HOLOGIC INC | 4.1 % |
| ALIGN TECHNOLOGY INC | 4.1 % |
| INSULET CORP | 3.9 % |
Constituent Breakdown
| Number of holdings | 45 |
| Herfindahl-Hirschman Index | 501 |
| Wgt avg mkt cap (mns) | $30,397 |
| Large cap (>$10bn) | 61.8% |
| Mid cap ($2-10bn) | 30.2% |
| Small cap (<$2bn) | 8.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 94.0 % |
 |
NETHERLANDS | 3.8 % |
 |
COSTA RICA | 0.7 % |
Historical Performance
Standardized Annual Returns (as of 03/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
|---|---|---|---|---|---|---|
| 0.3% | -6.6% | -- | -- | -- | -- | -12.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.45 | 77% |
| MSCI EAFE | 1.37 | 67% |
| MSCI Emg Mkts | 0.92 | 33% |
Liquidity Measures
| Avg. volume (000) | 2 |
| Turnover | 1.3% |
| Avg. Bid/Ask (% of price) | 0.78% |
| ADV of underlying (mns) | $5,001 |
Technical Indicators
| Recent close | $15.50 |
| 30d moving avg. | $13.89 |
| Annualized volatility | 32.6% |
| Relative strength (RSI) | 73 |
| Short interest (ETF) | 2.9% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. EKG |
Expenses vs. EKG |
ALTAR Score™ vs. EKG |
|---|---|---|---|---|
| FDHT | Fidelity Digital Health ETF | 33.7% | -26 bp | -1.3% |
| HTEC | ROBO Global Healthcare Technology and Innovation ETF | 26.5% | +3 bp | +2.3% |
| IHI | iShares U.S. Medical Devices ETF | 23.5% | -25 bp | +5.0% |
| EDOC | Global X Telemedicine & Digital Health ETF Registered | 22.6% | +3 bp | -4.4% |
| XHE | SPDR S&P Health Care Equipment ETF | 19.4% | -30 bp | +1.8% |
| MDEV | First Trust Indxx Medical Devices ETF | 17.4% | +5 bp | +5.1% |
| PINK | Simplify Health Care ETF | 16.7% | -15 bp | +4.5% |
| BBH | VanEck Biotech ETF | 15.1% | -30 bp | +6.4% |
| GNOM | Global X Genomics & Biotechnology ETF | 14.5% | -15 bp | -4.3% |
| BTEC | Principal Healthcare Innovators ETF | 14.5% | -23 bp | -4.2% |
Risk and Returns: EKG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/18/2024
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
EKG
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
EKG
-1.1%
Cat. Avg
3.7%
Fund Category: Global Equities
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | -1.1% |
Recommendation
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
Category Overview
There are 348 funds in the Global Equities category, with an average ALTAR Score™
of 3.7% and a standard deviation of
5.0%. EKG's ALTAR Score™ is approximately
1.0 standard deviations
below
the category average. This places EKG in the 17th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
EKG
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
| Latest price | |
| Change | |
| Volume | |
| Bid/Ask Spread | |
| Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| EKG | 65.0 | 77.5 | 142.5 |
| Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .